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3101 Lake Forest Road #173, 
Tahoe City, CA 96145

$575,000


2

Beds


Bath


990

Sq Ft


Condo

Active

Listed by

Camille Duvall-Hero

Sierra Sotheby'S Int - Rock

Last updated:

September 24, 2025, 01:55 PM

MLS#

20251634

Source:

CA TSBOR

About This Home

3101 Lake Forest Road #173

Not just a Tahoe getaway—this is your ticket to smart, stylish income in the heart of North Lake. Unit #173 in Lake Forest Glen is a rare blend of walkable lake lifestyle, STR flexibility, and real return on investment—all in a clean, woodsy package that actually pays for itself. With 81% occupancy and nearly $60K in Airbnb earnings last year, Unit #173 at Lake ForestGlen is quietly outperforming bigger, flashier comps (and we have the spreadsheets to prove it). It’s updated where it counts—full second bath and in-unit washer/dryer —while still leaving room for value-add upgrades. Translation? You can make it your own without killing the cash flow. HOAs cover nearly everything—roof, snow, exterior, even tennis courts and pool—while your guests enjoy walkability to the lake, Skylandia Beach, trail access, and all the action in Tahoe City just a mile away. Investor? Part-time skier? STR-savvy second-home shopper? This checks the boxes: - 7.5% cap rate based on real income, not projections - Stellar 81.9% occupancy in 2024 - $191 ADR with upward mobility - Turnkey ops with pro cleaning and seamless self-check-in Strong summer bookings already in place for immediate revenue. Short-term rentals in Placer County require an active permit.

Home Facts

Condo

2 Bedrooms

Built in 1972

Price Summary

575,000

$580 per Sq. Ft.

MLS #:

20251634

Last Updated:

September 24, 2025, 01:55 PM

Added:

2 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Interior

Living Area:

990 Sq. Ft.


Structure

Structure

Architectural Style:

Mountain

Building Area:

990 Sq. Ft.

Year Built:

1972


Finances & Disclosures

Finances

Price:

$575,000

Price per Sq. Ft:

$580 per Sq. Ft.

Source:CA TSBOR
The information being provided by Tahoe Sierra Board of Realtors is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Tahoe Sierra Board of Realtors. Sierra Sotheby'S Int - Rock is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Sierra Sotheby'S Int - Rock, a broker participant of Tahoe Sierra Board of Realtors. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Tahoe Sierra Board of Realtors and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2025 Tahoe Sierra Board of Realtors. All rights reserved.

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